INDUSTRY NEWS

Stay up-to-date on the latest industry, member, and policy related news.

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Scherdel Medtec NA Achieves ISO 13485 Certification for Enhanced Quality Standards

May 13, 2024

Muskegon, Michigan, US – April 18, 2024 – Scherdel Medtec North America, part of Scherdel Medtec GmbH, a leading global provider of medical device components, today announced it has achieved certification to the ISO 13485:2016 standard. This internationally recognized standard outlines the requirements for a quality management system (QMS) specific to the medical device industry.…

TrialAssure Joins NVIDIA Inception

April 23, 2024

CANTON, Mich. (April 22, 2024) — TrialAssure today announced it has joined NVIDIA Inception, a program that nurtures companies revolutionizing industries with technological advancements.  TrialAssure is a leader in using artificial intelligence (AI) and machine learning (ML) across pharmaceuticals, finance, and government to create technology solutions that meet regulatory compliance goals for clinical trial disclosure, data sharing…

Efforts Continue to Repeal Onerous R&D Amortization Rules

March 27, 2024

The Tax Relief for American Families and Workers Act of 2024 or HB 7204 was introduced that would, among other things, repeal current rules and allow a business to deduct of R&D costs in the tax year that they occur and thereby incentivize long-term investments in innovation. Such repeal has been a top policy priority…

MichBio Hosts Inaugural Life Sciences Legislative Academy

March 27, 2024

MichBio hosted a unique and exclusive event for legislators, a Michigan Life Sciences Legislative Academy, wherein bio-industry leaders gathered to educate elected officials about the life sciences ecosystem in Michigan, its economics, and unique needs of the industry, as well as pressing issues related to serving patients, developing treatments, and improving the quality of life…

State R&D Tax Credit to be Reestablished

March 27, 2024

A package of bills that would reestablish a state research & development (R&D) tax credit in Michigan – HBs 4368, 5099, 5100, 5101 and 5102 – passed by the Michigan Senate in bipartisan fashion 22-13 on March 19, 2024. As proposed, taxpayers and authorized businesses with 250 or more employees could claim up to $2.0…

A Tribute to a Giant of Michigan’s Biosciences Community

March 27, 2024

James (Jim) Herbert, who passed away recently, was a founding father of Michigan’s biotechnology ecosystem. He brought to his work, and to his life, a passion, a vision and a perseverance rooted in his belief that biotechnology was the way of the future. In so doing, Herbert co-founded and built Neogen, a pioneering multi-national food…

TrialAssure Launches Anonymize 3.0 Technology for an Improved Data and Document Anonymization User Experience in Pharma and Beyond

March 22, 2024

TrialAssure, a leading pharmaceutical technology provider advancing clinical trial disclosure, data sharing, and transparency, announced that its flagship product TrialAssure ANONYMIZE® 3.0 is now available. ANONYMIZE allows users across the pharmaceutical industry the ability to perform data, document, and image anonymization and redaction using machine learning (ML), natural language processing (NLP), and artificial intelligence (AI)…

90,000 sq. ft. Expansion of Grand River Aseptic Manufacturing’s Finishing and Warehouse Center is Complete

February 27, 2024

 Grand River Aseptic Manufacturing (“GRAM”), a leading sterile injectable contract manufacturer of biologics, small molecules, and vaccines, announces the completion of its finishing and warehouse center expansion. The expansion added 90,000 sq. ft. to the existing 110,000 sq. ft., totaling 200,000 sq. ft. of sophisticated inspection, packaging, testing, and warehouse capabilities. Grand River Aseptic Manufacturing…

Cayman Chemical Introduces LipidLaunch™, Expands Portfolio of Lipid Nanoparticle Research Tools to Support Advances in RNA Therapies

February 27, 2024

ANN ARBOR, MI, FEBRUARY 22, 2024 – Cayman Chemical, a leading supplier of research tools for lipid nanoparticles (LNPs), announced today the introduction of LipidLaunch™ research-ready LNPs and reagent kits. The LipidLaunch™ product line is the latest addition to the company’s portfolio of LNP research tools and reflects the company’s legacy of providing high-quality lipids…

Reflections on 2023

December 30, 2023

As 2023 ends, we’ve been reflecting on the impact our team made on Michigan’s life sciences industry. While there were certainly challenges along the way, we’re proud of the work done here at MichBio and hope you’ve noticed our efforts to convene, connect, inform, and advocate for the statewide life sciences cluster. Some reflections on…

Rare Disease Advisory Council

December 29, 2023

Legislation (HB 4167) to establish a Rare Disease Advisory Council (RDAC) in Michigan were progressing nicely through the summer following overwhelming bipartisan passage by the full House. A RDAC would empower rare disease patients as partners in helping to shape policy development relevant to the unmet needs, common struggles, and concerns on equitable, quality, and…

Regulation of Dogs and Cats in Research

December 29, 2023

SB 148 and SB 149, sponsored by Sen. Polehanki and Sen. Hertel, respectively, sought to regulate the use/disposition of animals in research including mandatory reporting on numbers of animals owned, used, and released by research facilities, mandatory requirement for adoption of research animals post-use, and other restrictions and penalties. The legislation arose after an outcry…

Legislation to Enact Prescription Drug Price Controls

December 29, 2023

SB 483, SB 484 and SB 485 were introduced in mid-September 2023 that would establish a new state board – a so-called Prescription Drug Affordability Board (PDAB) – that would determine how much pharmaceutical companies can charge for certain drugs by setting an “upper price limit”. According to PDAB supporters, such a body would lower…

So Close on Reestablishing State R&D Tax Credit…

December 29, 2023

Early fall 2023 saw a package of bills introduced that would reestablish a state research & development R&D) tax credit in Michigan – HBs 5099, 5100, 5101 and 5102. Ever since Michigan moved from the Michigan Business Tax regime to the current Corporate Income Tax regime twelve years ago, Michigan taxpayers have not been afforded…

Repeal of R&D Amortization

December 29, 2023

The America Innovation and R&D Competitiveness Act of 2023 or HB 2673 was reintroduced that would repeal current rules and allow a business to deduct of R&D costs in the tax year that they occur and thereby incentivize long-term investments in innovation. Such repeal has been a top policy priority for MichBio and the bio-industry generally…